Are You a Retire-Preneur?
This past weekend I had the opportunity to travel with two other women business owners to PodCamp Ohio. Donna Kastner is the owner of Retire-Preneur – a business that helps baby boomers who have left their corporate job (acquisition, etc.) and now look to start a home based or small/medium sized business.
Small business owners are the growth of this country and many are home based business owners. In a recent blog post she offered five tips to consider when starting a mid-life career change into the entrepreneurial world in her article entitled Moonlighting Your Way to Retirepreneurship.
1. Do Your Homework: If you're considering a direct selling (aka MLM, network marketing) opportunity, make sure you're passionate about what you're peddling. Speak with others in the selling channel to understand more about the company and income opportunity – and check the BBB and FTC for complaints, too. If you're looking at starting something totally new, seek out trusted advisors who are working that market for advice and check out the competition.
2. Write a Business Plan: As Lincoln once said, "If I had eight hours to chop down a tree, I'd spend six hours sharpening my ax." Not sure where to start? Check out this earlier Retirepreneur post: 5 Things – #5: Map Out Your Plan
For the complete article click on Retirepreneur.
Is it time to leave your job and start a company? Check out this article that asks some tough questions.